EUROPEAN UNION: Euronext Clearing Goes Live for Brussels

Friday November 17 2023

Euronext completed the first phase of its cash markets migration to Euronext’s multi-asset clearing house Euronext Clearing as default CCP (Central Counterparty), with Euronext Clearing for Brussels markets going live on Monday 6^th November 2023.

The Brussels cash markets now join the Italian cash and derivatives markets in having Euronext Clearing, formerly CC&G, handle their clearing activity.

Euronext Amsterdam, Dublin, Lisbon and Paris markets will follow two weeks later on Monday 27^th November 2023. Customers across the Euronext cash markets (with the exception of Oslo, whose cash markets have separate clearing arrangements) will then have access to a harmonised clearing framework across the Euronext venues, with one single platform from which they can access information on collateral, risk, and clearing, while still enjoying localised support as part of Euronext’s proven federal model. They will benefit from improved netting efficiencies and cutting-edge technology, and many other benefits through the simplification of the post-trade value chain.

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